American Tire Corporation
Ticker: ATYR 446 West Lake Street
Exchange: Over-the-Counter Market Ravenna, Ohio 44266
Industry: Manufacturing (216) 296-8778

Type of Shares:Common Shares Filing Date:7/12/95
U.S. Shares:550,000 Offer Date:2/28/96
Non-U.S. Shares:0 Filing Price:$12.00
Primary Shares:550,000 Offer Price:$12.00
Secondary Shares:0 Gross Spread:$1.20
Offering Amount: $6,600,000 Selling:
Expenses: - Reallowance:
Shares Out After:4,390,642

ManagerTierPhone
First London Securities CorporationLead Manager (206) 220-0690

Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 12/31/95
Revenue:$0.01Assets:$0.91
Net Income:-$0.52Liabilities:$0.33
EPS:-$0.13Equity:$0.58

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company utilizes proprietary and non-proprietary technology for the manufacturing of specialty tires.

Use of Proceeds
Proceeds from the proposed offering will be used to expand airless bicycle tire production; to expand its manufacturing operations to include other types of "specialty tires" utilizing both liquid phase and DSS technology; and for working capital.

Last updated: 10/28/96

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